UPS, Amazon
Shares of United Parcel Service suffered their worst day ever on Thursday, after the package-delivery giant announced an ...
UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares ...
UPS announces a plan to reduce its Amazon package volume by more than 50% by the second half of 2026. CEO Carol Tome gave ...
The reduction will occur by the second half of 2026 as part of the carrier’s push to deliver more profitable packages.
UPS said it will cut the volumes it handles for Amazon by 50% over the next two years to boost profitability. The post UPS ...
UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer but that it isn't its most profitable ...
United Parcel Service forecast on Thursday downbeat 2025 revenue as it accelerates a plan to slash millions of deliveries for ...
Their largest customer is Amazon and they'll be winding down deliveries for the company by 50% through June 2026.
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